Global Microgrid Monitoring Systems Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2029 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Dec 2022 |
Format:
| No. of Pages: 164
Industry: Energy & Natural Resources | Author Name: Harshad
Global microgrid monitoring system market is anticipated to reach US$ 1,328.8 Mn by 2029.
Global top 5 players in microgrid monitoring system includes: Siemens AG, Schneider Electric, GE, Power Analytics Corporation, and Homer Energy LLC.
In 2021, North America constituted 36.3% of the global microgrid monitoring system market by value. In terms of value, Asia Pacific is expected to register a CAGR of 17.0% from 2022-2029.
In terms of application, remote segment constituted more than 42% of the market in the year 2021. In terms of type, hardware segment constituted more than 60% share in 2021.
The market witnessed impacts during COVID-19. There has been a significant delays in microgrid projects which impacted the demand for hardware and software solutions.
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